Advanced Petrochemical Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 594.25 million compared to SAR 656.52 million a year ago. Net income was SAR 45.15 million compared to SAR 26.96 million a year ago. Basic earnings per share from continuing operations was SAR 0.175 compared to SAR 0.104 a year ago.
For the nine months, sales was SAR 1,802.66 million compared to SAR 2,336.85 million a year ago. Net income was SAR 148.13 million compared to SAR 300.91 million a year ago. Basic earnings per share from continuing operations was SAR 0.572 compared to SAR 1.159 a year ago.